Air Freight News

USTR releases fiscal year 2025 Congressional Budget Justification

Mar 12, 2024

The Office of the United States Trade Representative yesterday submitted to Congress its Budget Justification for Fiscal Year (FY) 2025. This document includes USTR’s strategic objectives, accomplishments, and measurements for success for the upcoming fiscal year.

“The Biden-Harris Administration’s vision is to invest in all of America, so that the middle class has a fair shot and no one is left behind. Our Fiscal Year 2025 Budget will allow USTR to further progress the Administration’s worker-centered trade agenda to build our American economy from the middle out and the bottom up and to empower our working communities,” said United States Trade Representative Katherine Tai. “We are negotiating with trading partners to drive inclusive economic growth. We are enforcing our trade laws and agreements to level the playing field for our workers and businesses. We are bringing more voices to the table, opening markets for our farmers, ranchers, and producers, strengthening our supply chains, and incentivizing a race to the top that supports our workers and protects the environment. This budget will allow USTR to continue delivering for the American people.”

For FY 2025, the funding request for the Office of the United States Trade Representative is $76 million. This includes $61 million available directly to USTR and $15 million allocated through the Trade Enforcement Trust Fund (TETF). This request is equal to an FY 2024 annualized continuing resolution (CR).

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